White House won't use 14th Amendment in debt fight

WASHINGTON (MarketWatch) -- The Obama administration won't use the 14th Amendment to the U.S. Constitution in the battle over raising the debt ceiling, White House press secretary Jay Carney said Wednesday. In a rebuff to House Democrats who are urging President Obama to consider invoking the constitutional provision, Carney said it is up to Congress to raise the country's borrowing limit. The 14th Amendment states in part that "the validity of the public debt of the United States...shall not be questioned."

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